Volvo Financial Services has unveiled a groundbreaking truck subscription service called Volvo on Demand. This is designed to lower the initial investment hurdle, making it more accessible for customers to adopt electric trucks. R&M Trucking has been announced as the inaugural U.S. customer, set to introduce Volvo VNR electric semi-trucks for cargo transport operations at Chicago O’Hare International Airport.
The Volvo on Demand service stands out with its flexible subscription options, such as its 12-month plan, which significantly eases financial pressures. This allows customers to reduce the upfront costs associated with electric truck adoption, effectively lowering barriers to entering the electric vehicle market.
R&M Trucking has embraced the Volvo VNR electric truck, which boasts an impressive battery configuration offering a maximum range of 275 miles and the ability to charge to 80% capacity in just 90 minutes. The company has also installed charging facilities for overnight power-ups to enhance operational efficiency.
This service represents a pivotal shift in the industry, alleviating the substantial initial cost burden associated with electric trucks. It’s poised to enable a broader range of companies to transition to eco-friendly transportation solutions, marking a significant step towards sustainable logistics.
